International Track 200

War veteran John Carter started this Birmingham company in 1945. The family-owned group now makes and installs refrigeration systems for the likes of American retailer Target and has exported its water tanks to China, southeast Asia and the Omani desert. In 2018, international sales rose to £15.7m, with half generated in America. The group is led by chairman John Scott, 57, the founder’s grandson.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2020
Rank27
CompanyCarter Thermal Industries
ActivityRefrigeration manufacturer
LocationBirmingham
2-yr av intl sales growth pa101.59%
International sales £000s15,702
Total sales £000s129,066
Staff929
Founded1945
Websitewww.cti-ltd.co.uk

If applicable:

* Supplied by company † Annualised figure